Newton Retail

Newton

Office Space Market Report

Number of Listings (last 90 days)
27
Median Size (sqft)
9,600
As of: July 24, 2017

Newton Rates

On average, listings lease in the $0's per square foot per year. The Newton submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $38 per sqft per year. That's a 100% decrease in rent.

Newton Listing Supply

In the last 90 days, 27 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 37% of the office spaces in the Newton are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 9,600 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 3 floors. Most buildings in this market were built in 1973 and are Class A.

Newton Community

Market Report

Trends and status of the commercial real estate market in Newton.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Newton.
Research